WhaleCreep

HITE Hedge Asset Management LLC 13F holdings, Q3 2020

Hedge fundSEC filingsCompare with another fundHoldings as of 2020-09-30, filed 2020-11-13

HITE Hedge Asset Management LLC disclosed 100 US equity positions worth $319.6m in its Q3 2020 13F filing. Its largest position is SWITCHBACK ENERGY ACQUISTN C at 8.6% of the reported book, followed by VIPER ENERGY PARTNERS LP and STAR PEAK ENERGY TRANSITION. Versus Q2 2020 it opened 27 new positions, added to 37, reduced 26 and exited 19.

$320m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
100
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
8.6%
Largest position
The largest single position as a share of the reported equity book.
43.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
35
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
55
Quarters on file since Q4 2012
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q2 2020: 27 new, 37 added, 26 reduced, 19 exited

50 of 100
SWITCHBACK ENERGY ACQUISTN C no ticker–8.6%$27.5m1.61m−19%reduced
VIPER ENERGY PARTNERS LP no ticker–5.6%$18.0m2.39m+49%added
STAR PEAK ENERGY TRANSITION no ticker–4.8%$15.4m1.50m–new
LQD ISHARES TR–4.4%$14.0m103,954+321%added
TRGP TARGA RES CORPEnergy4.2%$13.4m955,992+280%added
VCLT VANGUARD SCOTTSDALE FDS–3.6%$11.4m106,956+68%added
PE1EUR PARSLEY ENERGY INC–3.5%$11.1m1.19m−38%reduced
EVAUSD ENVIVA PARTNERS LP–3.2%$10.3m254,755−43%reduced
LNG CHENIERE ENERGY INCEnergy3.1%$10.1m217,246+83%added
R6C2 ROYAL DUTCH SHELL PLC–2.6%$8.4m346,068−2.7%reduced
CLIMATE CHANGE CRISIS REAL I no ticker–2.5%$8.0m800,000–new
EPD ENTERPRISE PRODS PARTNERS LEnergy2.4%$7.8m494,209+83%added
MNRLUSD BRIGHAM MINERALS INC–2.4%$7.6m857,048+68%added
TORTOISE ACQUISITION CORP no ticker–2.2%$7.2m111,219−56%reduced
NBL2EUR NOBLE ENERGY INC–1.7%$5.5m638,141−52%reduced
ARCLIGHT CLEAN TRANSITION CO no ticker–1.7%$5.4m538,000–new
VCIT VANGUARD SCOTTSDALE FDS–1.6%$5.1m53,024–new
TORTOISE ACQUISITION CORP no ticker–1.5%$4.8m188,534–new
PAA PLAINS ALL AMERN PIPELINE LEnergy1.5%$4.7m779,058+96%added
CXOEUR CONCHO RES INC–1.4%$4.6m104,223+1182%added
ARCH1EUR ARCH COAL INC–1.3%$4.2m100,015−66%reduced
ALTUS MIDSTREAM CO no ticker–1.2%$4.0m358,301−95%reduced
WEP MAGELLAN MIDSTREAM PRTNRS LP–1.2%$3.7m109,421−45%reduced
TTEN TOTAL S.A.–1.1%$3.5m102,099+181%added
HYG ISHARES TR–1.1%$3.4m41,028–new
RUN SUNRUN INCTechnology1.0%$3.2m41,915−17%reduced
HEPUSD HOLLY ENERGY PARTNERS L P–1.0%$3.2m265,844–new
DVN DEVON ENERGY CORP NEWEnergy1.0%$3.1m331,597+512%added
9990302D APACHE CORP–1.0%$3.1m328,436–new
NGS NATURAL GAS SERVICES GROUPEnergy0.9%$3.0m358,175−43%reduced
SPDR SERIES TRUST no ticker–0.9%$2.9m27,840–new
PAGPEUR PLAINS GP HLDGS L P–0.9%$2.8m462,877−65%reduced
KRP KIMBELL RTY PARTNERS LPEnergy0.9%$2.8m458,5850.0%held
ETRNUSD EQUITRANS MIDSTREAM CORP–0.9%$2.7m322,706−68%reduced
NBLXUSD NOBLE MIDSTREAM PARTNERS LP–0.9%$2.7m372,693+87%added
EOG EOG Resources IncEnergy0.8%$2.6m73,235–new
WPXUSD WPX ENERGY INC–0.8%$2.6m536,735+232%added
MPLX MPLX LPEnergy0.8%$2.5m159,712+420%added
XYZ BLOCK INCTechnology0.8%$2.5m15,422+4.9%added
OKE ONEOK INC NEWEnergy0.8%$2.4m94,142–new
BBY BEST BUY INCConsumer Cyclical0.7%$2.4m21,354−0.2%held
TLT ISHARES TR–0.7%$2.3m14,176−31%reduced
MSFT MICROSOFT CORPTechnology0.7%$2.1m10,112+27%added
RATTLER MIDSTREAM LP no ticker–0.6%$1.9m324,791–new
2676403D NEXTIER OILFIELD SOLUTIONS–0.6%$1.9m1.04m+29%added
HAS HASBRO INCConsumer Cyclical0.6%$1.8m21,695−4.8%reduced
XECEUR CIMAREX ENERGY CO–0.5%$1.8m71,985–new
SU SUNCOR ENERGY INC NEWEnergy0.5%$1.7m140,935+11%added
JCI JOHNSON CONTROLS INTERNATIONIndustrials0.5%$1.7m40,436+101%added
BROOKFIELD INFRAST PARTNERS no ticker–0.5%$1.6m34,3160.0%held

Exited since Q2 2020

19 rows
CNX MIDSTREAM PARTNERS LP no ticker2.9%$8.0m
KEX KIRBY CORP2.8%$7.6m
PSXPUSD PHILLIPS 66 PARTNERS LP1.1%$3.0m
SLB SLB LIMITED1.0%$2.6m
9HI HILLENBRAND INC0.6%$1.6m
XLI SELECT SECTOR SPDR TR0.5%$1.3m
COP CONOCOPHILLIPS0.4%$1.1m
ETR ENTERGY CORP NEW0.4%$1.1m
NGVT INGEVITY CORP0.4%$1.1m
POR PORTLAND GEN ELEC CO0.4%$983k
COTY COTY INC0.3%$869k
OSK OSHKOSH CORP0.2%$537k
EPC EDGEWELL PERSONAL CARE CO0.2%$484k
CVI CVR ENERGY INC0.2%$481k
SCHL SCHOLASTIC CORP0.2%$467k
BKD BROOKDALE SR LIVING INC0.1%$323k
TALO TALOS ENERGY INC0.1%$310k
NOG1EUR NORTHERN OIL & GAS INC NEV0.09%$245k
CNX CNX RESOURCES CORPORATION0.07%$203k

Sector mix

  • Unclassified69.0%
  • Energy18.7%
  • Technology3.2%
  • Consumer Cyclical2.4%
  • Industrials1.7%
  • Basic Materials1.6%
  • Consumer Defensive1.3%
  • Utilities0.9%
  • Healthcare0.8%
  • Communication Services0.4%
  • Financial Services0.1%

Book over time

Every quarter on file (55)
QuarterPositionsEquity book
Q2 2026124$1.8bn
Q1 2026126$1.8bn
Q4 2025119$1.6bn
Q3 2025114$1.8bn
Q2 2025111$1.7bn
Q1 2025107$1.6bn
Q4 202498$1.4bn
Q3 202485$870m
Q2 202496$1.0bn
Q1 202485$998m
Q4 202386$951m
Q3 2023106$931m
Q2 202388$866m
Q1 202395$1.3bn
Q4 202281$1.2bn
Q3 202287$1.2bn
Q2 202286$1.1bn
Q1 2022142$1.0bn
Q4 2021153$869m
Q3 2021147$794m
Q2 2021144$711m
Q1 2021161$666m
Q4 2020120$429m
Q3 2020100$320m
Q2 202092$272m
Q1 202068$312m
Q4 201993$499m
Q3 201970$488m
Q2 201971$633m
Q1 201966$611m
Q4 201856$508m
Q3 201857$601m
Q2 201853$628m
Q1 201855$459m
Q4 201762$562m
Q3 201755$386m
Q2 201747$290m
Q1 201750$407m
Q4 201654$386m
Q3 201652$314m
Q2 201647$246m
Q1 201657$230m
Q4 201556$231m
Q3 201554$237m
Q2 201564$350m
Q1 201560$305m
Q4 201469$262m
Q3 201484$368m
Q2 201466$314m
Q1 201466$315m
Q4 201361$279m
Q3 201360$241m
Q2 201354$214m
Q1 201336$169m
Q4 201224$54.0m

Where HITE Hedge Asset Management LLC was early

58 rows
MPLX MPLX LPQ1 20131 of 500.4%6.9%22Exited by Q4 2020−58%
KNOP KNOT OFFSHORE PARTNERS LPQ2 20131 of 242.0%3.1%12Exited by Q2 2017+5.8%
OKE ONEOK INC NEWQ2 20131 of 1360.9%3.1%7Exited by Q1 2026+103%
EPD ENTERPRISE PRODS PARTNERS LQ2 20134 of 650.8%7.9%17Exited by Q4 2020−49%
KYN KAYNE ANDERSN MLP MIDS INVTQ3 20131 of 360.1%2.2%7Exited by Q4 2019−60%
PAA PLAINS ALL AMERN PIPELINE LQ4 20131 of 471.6%6.5%14Exited by Q4 2020−88%
TK TEEKAY CORPORATIONQ4 20133 of 870.9%7.5%10Exited by Q1 2017−83%
0E41 ENLINK MIDSTREAM LLCQ1 20141 of 811.8%6.8%14Exited by Q1 2025–
CQP CHENIERE ENERGY PARTNERS LPQ1 20142 of 280.3%1.7%9Exited by Q2 2018−3.0%
WEP MAGELLAN MIDSTREAM PRTNRS LPQ1 20143 of 331.1%3.7%6Exited by Q4 2020−51%
XLF SELECT SECTOR SPDR TRQ1 20147 of 1522.3%3.0%5Exited by Q2 2015+7.9%
SLV ISHARES SILVER TRQ1 20148 of 1140.9%1.1%21Exited by Q4 2020+14%
GLNG GOLAR LNG LTDQ2 20147 of 1670.7%12.0%31Held at last filing, Q2 2026−17%
XIFR NEXTERA ENERGY PARTNERS LPQ3 20145 of 1120.09%2.8%5Exited by Q4 2016−19%
SUN SUNOCO LP/SUNOCO FIN CORPQ4 20142 of 381.1%1.1%4Exited by Q4 2020−51%
NI NISOURCE INCQ1 20153 of 1105.9%10.9%24Held at last filing, Q2 2026+174%
ENB ENBRIDGE INCQ3 20154 of 1022.7%6.1%7Exited by Q2 2025+19%
AROC ARCHROCK INCQ2 20162 of 1075.1%5.1%9Exited by Q4 2025+179%
CVI CVR ENERGY INCQ3 20162 of 830.7%1.7%9Exited by Q1 2022+22%
KRP KIMBELL RTY PARTNERS LPQ1 20175 of 470.5%1.4%15Exited by Q2 2022−17%
HCC WARRIOR MET COAL INCQ2 20178 of 1320.2%2.8%8Exited by Q1 2020+23%
AR ANTERO RESOURCES CORPQ2 201710 of 1930.5%3.9%18Exited by Q1 2026+59%
EQT EQT CORPQ2 201723 of 2314.5%5.0%25Exited by Q2 2026+100%
NINE NINE ENERGY SVC INCQ1 20181 of 452.5%2.7%7Exited by Q4 2019−83%
TALO TALOS ENERGY INCQ4 201812 of 1120.07%3.0%14Exited by Q3 2024−26%
NGS NATURAL GAS SERVICES GROUPQ1 20191 of 470.10%1.7%8Exited by Q1 2021−45%
MGY MAGNOLIA OIL & GAS CORPQ1 201910 of 1020.07%2.0%5Exited by Q1 2026+82%
OXY OCCIDENTAL PETE CORPQ1 201920 of 1920.08%2.7%6Exited by Q1 2023−4.9%
WES WESTERN MIDSTREAM PARTNERS LQ2 20194 of 363.9%3.9%3Exited by Q1 2020−36%
MUR MURPHY OIL CORPQ2 20197 of 1090.07%3.4%11Exited by Q2 2026+67%
SM SM ENERGY COMPANYQ2 20197 of 1260.08%2.9%15Exited by Q2 2026+149%
SU SUNCOR ENERGY INC NEWQ3 201911 of 1360.1%2.6%11Held at last filing, Q2 2026+70%
CMS CMS ENERGY CORPQ1 20206 of 910.2%6.8%14Exited by Q2 2025+28%
ED CONSOLIDATED EDISON INCQ1 202010 of 940.2%1.6%4Held at last filing, Q2 2026+42%
VCLT VANGUARD SCOTTSDALE FDSQ2 20201 of 292.5%3.6%9Exited by Q3 2022−24%
POR PORTLAND GEN ELEC COQ2 20203 of 810.4%8.1%24Held at last filing, Q2 2026+24%
OVV OVINTIV INCQ2 20204 of 1560.09%7.6%21Exited by Q2 2026+522%
ETR ENTERGY CORP NEWQ2 20209 of 1290.4%9.9%24Held at last filing, Q2 2026+145%
DTE DTE ENERGY COQ2 202010 of 910.4%8.5%19Held at last filing, Q2 2026+67%
RUN SUNRUN INCQ2 202012 of 1740.4%1.0%6Exited by Q4 2021+123%
VCIT VANGUARD SCOTTSDALE FDSQ3 20202 of 451.6%3.0%7Exited by Q2 2022−10%
LNT ALLIANT ENERGY CORPQ4 20206 of 982.4%2.7%22Held at last filing, Q2 2026+48%
AES AES CORPQ4 20209 of 1691.8%1.8%5Exited by Q1 2026−39%
XEL XCEL ENERGY INCQ1 20212 of 1161.7%7.9%21Held at last filing, Q2 2026+21%
MDU MDU RES GROUP INCQ1 20213 of 1081.5%3.6%6Held at last filing, Q2 2026+76%
STEM STEM INCQ2 20212 of 912.8%2.8%12Exited by Q2 2024−94%
DTM DT MIDSTREAM INCQ3 20214 of 1061.1%5.0%6Exited by Q2 2025+109%
CHRD CHORD ENERGY CORPORATIONQ3 20217 of 1341.3%3.6%16Held at last filing, Q2 2026+15%
AEBA ALLETE INCQ4 20213 of 970.7%1.3%4Exited by Q2 2024+35%
NFE NEW FORTRESS ENERGY INCQ4 202110 of 1290.3%9.9%11Exited by Q4 2024−62%

Concentration and tenure

8.2%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
50.5%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
2
Median completed holding, quarters